Plastic Compounding Market Is Expected To Reach USD 93.1 Billion By 2028
San Francisco, 4 June 2021: The Report Plastic Compounding Market Size, Share & Trends Analysis Report By Product (PE, PP, TPV, TPO, PVC, PS, PET, PBT, PA, PC, ABS), By Application (Automotive, Optical Media), By Region (APAC, Europe), And Segment Forecasts, 2021 - 2028 The global plastic compounding market size is anticipated to reach USD 93.1 billion by 2028, according to a report by Grand View Research, Inc., growing at a CAGR of 5.5% over the forecast period. Rapidly developing construction and automobile sectors are anticipated to drive the demand for interiors, exteriors, and under-the-hood components. The rising scope of application of plastic compounding in under-the-hood components in the automotive industry, in building interiors and exteriors in the construction & infrastructure industries, and in the electronics, durables, and wires & cables industries is anticipated to fuel the market growth. However, the COVID-19 outbreak has affected the raw material pr